The Basis 365 BLOG

Useful information on accounting, bookkeeping, finance, technology and general topics for your business.

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What to Do When a Client Refuses Payment

For businesses that rely heavily on client satisfaction and timely payments, not getting paid on time can be incredibly frustrating. The dilemma is this: You are owed money for the service you provided, yet you can’t push the client too hard or you’ll lose their business forever. 

So what do you do?

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5 Financial Metrics Your Agency Should Be Tracking

Every agency should measure at least a few metrics whether they are in accounting (like Basis 365), retail, real estate, human resources, finance, insurance, cement manufacturing – the list goes on! However, each industry necessitates its own unique metrics to focus on. We have the reasons why and which metrics to keep in mind.

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The Seven Deadly Fears of Switching from Quickbooks to Xero

For many people, the idea of change can cause a great deal of internal anxiety, especially when it comes to the things we have come to rely on for day-to-day life. Luckily, when it comes to accounting programs, you may find swapping Quickbooks for Xero has its many blessings.

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Costs of Hiring an In-House Accountant vs Outsourcing

Accounting is an essential part of any business, so it is important to find an accountant that fits your company’s financial needs. In order to do so, you must first weigh the costs of either outsourcing or hiring a full-time accountant in-house. 

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